Loan No Sample Clauses

Loan No. [MIN No.] ------- Reason for requesting file: --------------------------
Loan No. 755935 (Hanover Village MHP) Explanation -The property is legal non-conforming with respect to use and front setback and parking requirements. The current use as a manufactured housing facility is a grandfathered (aka legal non-conforming) use as the property is zoned high density multi-family. The property has a rental house which encroaches into the current front setback by up to 16 feet. The property requires 204 parking spaces (2 spaces per mobile home lot) and there are 102 parking spaces (deficient 102 spaces). There is parking on the street in front of each lot, however these spaces can not be counted in the parking requirements. The property can be rebuilt to its current state so long as the property is deemed "repairable" (security includes 2 buildings, 100 concrete pads and streets) and reconstruction is commenced within 1 year of the date of the damage. The loan documents contain language requiring borrower to paydown the loan in the event of casualty to a 1.15x debt service coverage in the event the property cannot be rebuilt to its current state due to the zoning deficiencies noted above. Ordinance and Law coverage was obtained. Loan No. - 755960 (720 Paularino Avenue) Explanation -The property is legal non-conforming with respect to front setback, floor area ratio and parking requirements. The front setback requirement is 20 feet and the front setback is 19.89 feet, thus it encroaches by .11 feet. The floor area ratio requirement is 0.3 and the approximate floor area ratio is 0.6113 and thus it exceeds the requirement by 0.3113. The property requires 102 parking spaces and there are 77 parking spaces (deficient 25 spaces). The property can be rebuilt to its current state so long as the property reconstruction is commenced within 1 year of the date of the damage and carried to completion diligently and to the current floor area ratio (or less) so long as all other then-current code requirements are met (including building setback, lot coverage, building height, parking, open space and landscaping requirements). The loan is fully recourse to Borrower and Guarantor. Ordinance and Law coverage was obtained. The LTV for the property is 64.6%. Loan No. - 755965 (Sandalfoot Plaza)
Loan No. [MIN No.] --------- Reason for requesting file: -------------------------- ------------- 1. Mortgage Loan paid in full. (The Master Servicer hereby certifies that all amounts received in connection with the payment in full of the Mortgage Loan which are required to be deposited in the Collection Account pursuant to Section 4.02 of the Agreement have been so deposited). ------------- 2. Retransfer of Mortgage Loan. (The Master Servicer hereby certifies that the Transfer Deposit Amount has been deposited in the Collection Account pursuant to the Agreement). ------------- 3. The Mortgage Loan is being foreclosed. ------------- 4. The Mortgage Loan is being re-financed by another depository institution. (The Master Servicer hereby certifies that all amounts received in connection with the payment in full of the Mortgage Loan which are required to be deposited in the Collection Account pursuant to Section 4.02 of the Agreement have been so deposited). ------------- 5. Other (Describe). The undersigned acknowledges that the above Mortgage File will be held by the undersigned in accordance with the provisions of the Agreement and will promptly be returned to the Indenture Trustee when the need therefor by the Master Servicer no longer exists unless the Mortgage Loan has been liquidated or retransferred. Capitalized terms used herein shall have the meanings ascribed to them in the Agreement. COUNTRYWIDE HOME LOANS, INC. By:_______________________________ Name: Title: Servicing Officer ANNEX 1
Loan No. If only particular documents in the Mortgage File are requested, please specify which: Reason for requesting file (or portion thereof):
Loan No. 753974 (Seneca Meadows This loan is legal non-conforming with respect to parkixx. Corporate Center II) Lender has an insured Common Access and Parking Easement that provides a sufficient number of additional parking spaces to satisfy the current zoning code.
Loan No. [MIN No.] Reason for requesting file: --------------------------
Loan No. 755967 (20 Aquarium)
Loan No. 755155 (BEL AIR CENTER) ----------------------------------
Loan No. 20061329 (North Branch As a result of the tenant-in-common Shopping Center) structure, each Borrower under the related Mortgage Loan and the related recourse carveout guarantor is or will be liable under its recourse carveout guaranty only to the extent that the event that caused the liability under the guaranty was caused by such Borrower. Such recourse liability does not include misappropriation of tenant security deposits, rent, insurance proceeds or condemnation proceeds. (The original Borrower and its principal are liable for such items). Loan No. 20061794 (Office Max - Lake As a result of the tenant-in-common Jackson) structure, each Borrower xxxxx xhe related Mortgage Loan and the related recourse carveout guarantor is or will be liable under its recourse carveout guaranty only to the extent that the event that caused the liability under the guaranty was caused by such Borrower. Loan No. 20061628 (CVS - Mullica Hill, The Borrower and the recourse NJ) carveout guarantor are liable for fraud or "intentional misrepresentation" rather than material misrepresentation.
Loan No. 00-000000-0 / AFS No.: 0210690058 USActive 37186022.14 EXHIBIT D COMPLIANCE CERTIFICATE TO: First Republic Bank Date: FROM: Xxxxxxxx Xxxx Advisors, L.L.C. The undersigned authorized officer certifies on behalf of all Borrower that under the terms and conditions of the Term Loan and Security Agreement between Borrower and Lender (the “Agreement”), (1) Borrower is in complete compliance for the period ending _______________ with all required covenants except as noted below, (2) there are no Events of Default, (3) all representations and warranties in the Agreement are true and correct in all material respects on this date except as noted below;. Attached are the required documents supporting the certification. The undersigned certifies that these are prepared in accordance with GAAP consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The undersigned acknowledges that no Credit Extensions may be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Agreement. Please indicate compliance status by circling Yes/No under “Compliescolumn.